The company on the AeRO market saw its net profit increase by 26% and revenue by 6.6% on the year-ago period, ZF has calculated. Investor reaction was positive, with the MACO shares rising 3.2% to RON13, amid almost RON80,000 deals on Tuesday morning.

Macofil Targu Jiu shares have gained 22% since the beginning of the year, amid a 5.2 million traded volume. They have gained 198% in the past twelve months, according to Bucharest Stock Exchange data.

(English version by Loredana Fratila-Cristescu)